Start-Up Costs and Fees |
||
| Zaxby's | Best of Mediterranean | |
| Investment | 343200 - 695200 | 126300 - 574700 |
| Franchise Fee | ||
| Royalty Fee | 6% | 4% |
| Advertising Fee | 2.87%-5% | |
| Year Founded | 1990 | 0 |
| Year Franchised | 1994 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Zaxby's | Best of Mediterranean | |
| Experience | Prospective Franchisees must meet the following criteria to be considered: Collective net worth of at least $1,000,000, with liquid assets greater than $500,000 (liquidity being defined as cash or any asset that could be converted to cash within ten business days). Ability to satisfactorily pass background checks for the following: reasonable credit worthiness, no criminal convictions, no history of extensive litigation, and satisfactory motor vehicle report. Willingness of all investors to personally guarantee any obligations that are required under the license agreement. Willingness to make a commitment to this venture within 60 " 90 days of signing a license agreement. Belief that guest service is of critical importance in restaurant operations. | |
Financing Options |
||
| Zaxby's | Best of Mediterranean | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Zaxby's | Best of Mediterranean | |
| Training | The initial training program is eight weeks long, consisting of a one-week orientation phase at Zaxby's Franchising, Inc.'s training center, three two-week phases at a training restaurant and the final one-week phase back at ZFI's training center. Ongoing support and training updates, in addition to other business development practices - including onsite inspections - are conducted regularly throughout the franchise system. | |
| Support | ||
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Zaxby's | Best of Mediterranean | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Zaxby's | |
| Best of Mediterranean | |
| Franchise Fee | |
| Zaxby's | |
| Best of Mediterranean | |
| Royalty Fee | |
| Zaxby's | 6% |
| Best of Mediterranean | 4% |
| Advertising Fee | |
| Zaxby's | 2.87%-5% |
| Best of Mediterranean | |
| Year Founded | |
| Zaxby's | 1990 |
| Best of Mediterranean | 0 |
| Year Franchised | |
| Zaxby's | 1994 |
| Best of Mediterranean | 0 |
| Term Of Agreement | |
| Zaxby's | |
| Best of Mediterranean | 10 years |
| Renewal Fee | |
| Zaxby's | |
| Best of Mediterranean | |
Business Experience Requirements |
|
| Experience | |
| Zaxby's | Prospective Franchisees must meet the following criteria to be considered: Collective net worth of at least $1,000,000, with liquid assets greater than $500,000 (liquidity being defined as cash or any asset that could be converted to cash within ten business days). Ability to satisfactorily pass background checks for the following: reasonable credit worthiness, no criminal convictions, no history of extensive litigation, and satisfactory motor vehicle report. Willingness of all investors to personally guarantee any obligations that are required under the license agreement. Willingness to make a commitment to this venture within 60 " 90 days of signing a license agreement. Belief that guest service is of critical importance in restaurant operations. |
| Best of Mediterranean | |
Financing Options |
|
| Franchise Fees | |
| Zaxby's | |
| Best of Mediterranean | |
| Start-up Costs | |
| Zaxby's | |
| Best of Mediterranean | |
| Equipment | |
| Zaxby's} | |
| Best of Mediterranean | |
| Inventory | |
| Zaxby's | |
| Best of Mediterranean | |
| Receivables | |
| Zaxby's | |
| Best of Mediterranean | |
| Payroll | |
| Zaxby's | |
| Best of Mediterranean | |
Training & Support |
|
| Training | |
| Zaxby's | The initial training program is eight weeks long, consisting of a one-week orientation phase at Zaxby's Franchising, Inc.'s training center, three two-week phases at a training restaurant and the final one-week phase back at ZFI's training center. Ongoing support and training updates, in addition to other business development practices - including onsite inspections - are conducted regularly throughout the franchise system. |
| Best of Mediterranean | |
| Support | |
| Zaxby's | |
| Best of Mediterranean | |
| Marketing | |
| Zaxby's | |
| Best of Mediterranean | |
| Operations | |
| Zaxby's | |
| Best of Mediterranean | |
Expansion Plans |
|
| US Expansion | |
| Zaxby's | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Best of Mediterranean | |
| Canada Expansion | |
| Zaxby's | |
| Best of Mediterranean | |
| International Expansion | |
| Zaxby's | |
| Best of Mediterranean | |